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Day: April 24, 2020

Marksmen Announces Delay in Filing Annual Financial Statements

CALGARY, Alberta, April 24, 2020 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) announces that due to circumstances created by the COVID-19 pandemic, it is relying on the exemption provided in Alberta Instrument 51-517 – Temporary Exemption from Certain Corporate Finance Requirements (the “Alberta Instrument”) of the Alberta Securities Commission (and similar exemptions provided by the securities commission in British Columbia) to postpone the filing of the following continuous disclosure documents (collectively the “Documents”):the Company’s Annual Audited Financial Statements for the twelve-month period ended December 31, 2019 as required by section 4.2 of National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102”); the Company’s Management Discussion & Analysis...

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Allegiance Bancshares, Inc. Announces New Directors and Declaration of Dividend

HOUSTON, April 24, 2020 (GLOBE NEWSWIRE) — Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, announced the addition of Ms. Denise Castillo-Rhodes and Ms. Janet S. Wong to Allegiance’s Board of Directors. “I am very pleased that Ms. Castillo-Rhodes and Ms. Wong have agreed to join our Board,” said George Martinez, Chairman of Allegiance.Ms. Castillo-Rhodes is currently the Executive Vice President and Chief Financial Officer of Texas Medical Center, where she oversees accounting, finance, billing and collections and tax compliance. Ms. Castillo-Rhodes is a certified public accountant and a member of the American Institute of Certified Accountants, the Texas Society of Certified Public Accountants and the Houston Chapter of Certified Public Accountants. Ms. Castillo-Rhodes’ professional...

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Fairfax Announces Conference Call

TORONTO, April 24, 2020 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) will hold a conference call at 8:30 a.m. Eastern Time on Friday, May 1, 2020 to discuss its 2020 first quarter results, which will be announced after the close of markets on Thursday, April 30, 2020 and will be available at that time on its website at www.fairfax.ca.  The call, consisting of a presentation by the company followed by a question period, may be accessed at (888) 390-0867 (Canada and U.S.) or 1 (212) 547-0141 (International) with the passcode “2675260”.A replay of the call will be available from shortly after the termination of the call until 5:00 p.m. Eastern Time on Friday, May 15, 2020.  The replay may be accessed at (888) 566-0470 (Canada and U.S.) or 1 (203) 369-3050 (International).Fairfax is a holding company which,...

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BlackRock® Canada Announces Final April Cash Distributions for the iShares® Premium Money Market ETF

TORONTO, April 24, 2020 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the final April 2020 cash distributions for the iShares Premium Money Market ETF. Unitholders of record on April 27, 2020 will receive cash distributions payable on April 30, 2020.Details regarding the final “per unit” distribution amounts are as follows:Further information on the iShares ETFs can be found at http://www.blackrock.com/ca.

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SmartFinancial Approves Regular Quarterly Dividend

KNOXVILLE, Tenn., April 24, 2020 (GLOBE NEWSWIRE) — SmartFinancial, Inc. (“SmartFinancial”) (Nasdaq: SMBK), the parent company for SmartBank, announced today that its board of directors has approved a regular quarterly dividend.On April 23, 2020, the board of directors of SmartFinancial declared a quarterly cash dividend of $0.05 per share of SmartFinancial common stock payable on May 25, 2020 to shareholders of record as of the close of business on May 8, 2020.About SmartFinancial, Inc.SmartFinancial, Inc., based in Knoxville, Tennessee, is the publicly-traded bank holding company for SmartBank. SmartBank is a full-service commercial bank founded in 2007 with 35 branches spanning East and Middle Tennessee, Alabama and the Florida Panhandle. Recruiting the best people, delivering exceptional client service, strategic branching,...

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Northisle Provides Update on Filing of Audited Financial Statements

VANCOUVER, British Columbia, April 24, 2020 (GLOBE NEWSWIRE) — Northisle Copper and Gold Inc. (TSX-V:NCX)(“Northisle” or the “Company”) announces that as a result of the COVID-19 pandemic, Northisle has experienced delays associated with the limited availability of our auditors and certain employees critical to the audit process. In response to similar issues experienced by other businesses, the Canadian Securities Administrators granted blanket relief for all market participants, providing up to a 45-day extension for periodic filings normally required to be made on or before April 29, 2020.In accordance with the blanket relief, the company will delay the filing of its audited annual financial statements for the year ended Dec. 31, 2019, the management’s discussion and analysis (MD&A) for the corresponding period, and...

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Forward Pharma Reports Financial and Operational Results from the Year Ended December 31, 2019

COPENHAGEN, Denmark, April 24, 2020 (GLOBE NEWSWIRE) — Forward Pharma A/S (NASDAQ:FWP) (“We,” “Forward” or the “Company” and, together with its subsidiaries, the “Group”), today reported consolidated financial and operating results for the year ended December 31, 2019. Our net loss for the year ended December 31, 2019 was $(4.2) million, or $(0.04) per share, versus a net loss of $(8.7) million, or $(0.09) per share for the year ended December 31, 2018. Our research and development and general and administrative costs decreased from $12.3 million for the year ended December 31, 2018 to $5.3 million for the year ended December 31, 2019.Operating Results for the Year Ended December 31, 2019Research and development costs for the years ended December 31, 2019 and 2018 were $1.0 million and $2.7 million, respectively. The decrease in...

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Consolidated Tomoka Announces Sale of CVS Ground Lease in Downtown Dallas, Texas for $15.2 Million

DAYTONA BEACH, Fla., April 24, 2020 (GLOBE NEWSWIRE) — Consolidated-Tomoka Land Co. (NYSE American: CTO) (the “Company” or “CTO”) today announced the closing of the sale of its CVS ground lease located in downtown Dallas, Texas, for a sales price of $15.2 million, reflecting an exit cap rate of 4.50%.  The Company was represented by The Mansour Group of Marcus & Millichap.  Approximately $10.4 million of the proceeds received from the sale constituted the completion of a Section 1031 like-kind exchange into the recently-purchased Perimeter Place asset in Atlanta, Georgia.  The remaining proceeds are expected to be part of a future Section 1031 like-kind exchange.  The Company’s estimated gain on the sale is approximately $0.8 million, or $0.13 per share after tax.About Consolidated-Tomoka Land Co.Consolidated-Tomoka Land Co....

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Gray Announces Change of Location of Annual Meeting of Shareholders to a Virtual Meeting Format

ATLANTA, April 24, 2020 (GLOBE NEWSWIRE) — Gray Television, Inc. (NYSE:GTN) announced today that due to the public health impact of the novel coronavirus and COVID-19 and to support the health and well-being of its shareholders, employees, and their families, it will hold its Annual Meeting of Shareholders (the “Annual Meeting”) in a virtual meeting format only, via webcast, in place of a physical gathering.As previously announced, the Annual Meeting will be held on Wednesday, May 6, 2020 at 11:30 a.m., Eastern time. Shareholders of record at the close of business on March 9, 2020 are eligible to attend, participate in, and vote at the Annual Meeting. To attend, participate in and/or vote at the virtual Annual Meeting, shareholders must register by May 3, 2020 at 11:59 p.m., Eastern time, at http://viewproxy.com/graytelevision/2020/....

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VAALCO Energy, Inc. Receives Continued Listing Standard Notice from NYSE

HOUSTON, April 24, 2020 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that on April 22, 2020, the Company was notified by the New York Stock Exchange (the “NYSE”) that the price of the Company’s common stock has fallen below the NYSE’s continued listing standards. The NYSE requires that the average closing price of a listed company’s common stock not be less than $1.00 per share for a period of over 30 consecutive trading days.Under the NYSE rules, VAALCO can regain compliance if on the last trading day in any calendar month the common stock has (i) a closing price of at least $1.00 per share and (ii) an average closing price of at least $1.00 per share over the 30 consecutive trading-day period ending on the last trading day of such month. As required by the NYSE, the Company...

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